Have you got more money makers for the rest of the day . Charles i do. P2 connell, it is yours. Have a great weekend. Connell i am connell mcshane. New data is out. Gop showing no signs to do anything to stop defense spending cuts. A pr disaster, as we know by now, for carnival. People coming back to land. What a mess. As space watchers sit tight. There is a meteor that crashes down in russia. We will have all of that coming up. Here at the top of the hour, we are going to get things started. Nicole petallides. Nicole tgif. You made it to friday. We crossed the 14,000 mark. We did not take out our five year highs that we had recently. We do have of arrows on the drug index. The dow is up one tenth of 1 . The traders always think it is a good thing that the s p is holding about 1500 mark. You have a lot of winners, including pfizer and home depot. Connell this statistic may be surprising to you. An inflow of 2. 6 billion in the bond market. Up for bonds, down for stocks. Seems kind of strange. Chad is kind enough to join us today. The stock market makes more sense for a number of reasons then the bond market. For nine weeks in a row, that is where the flows were going to. Stocks over bonds. What do you think of this . This is an early trend. Unfortunately, the trend, we do not think that will last very long. We are at a point in time where the market has had a heck of a run. The s p is up 7 year to date. I think one has to be a little more cautious and take a balanced approach. Connell make a case for bonds. There is the runup. Why would you want to be in the bond market . I cannot make a very bullish case for being in the bond market. There is a reacceleration of global growth. You also have a very, very positive three months of good economic numbers that have come out. The market here is trading at 15 to 14 times multiple. It makes it a fair market value. Connell that brings up the larger question. The dow is approaching an alltime high. We are testing that. You are basically saying there it is, we will not quite get there. We will hang around for a while. What is your case on equities . You will have earnings of about 105 per share for 2013. That is a lot less than what Market Expectations are. What we can see is a little bit more of the multiple expansion that would give a total return around 10 for the s p 500. Our bond market expectation is for the ten year to be between 2 and 2. 5 . Connell okay. We are in the low end of the bond market range at least right now. There is the s p and your two year yield. We will have you back soon. Thank you. With the mandatory budget cuts just days away, many investors have been betting the House Republicans will move in and save the defense sector. It may not happen that way. We have Brad Blakeman and also christie. They are both running us right now. This is an interesting thing. You will get some fiscal conservatives that say we have to allow either the sequestered to happen or they just say, listening, defense has got to be a bit part of this. It is a big deal for investors to watch out for that reason. What do you think will happen . I think there will be sequestered. Be careful what you wish for, mr. President. You leverage them. You think republicans will cave. We are not going to cave. We are not increasing taxes. You already got your pound of flesh. Now, the ball is in your court, mr. President. If you want to offset the sequestration, they have to come from somewhere else. Connell leave that up there for just a second. You talk about the economy and how we are adding jobs every month. 100,000 plus military positions. Add it all together. 900,000 plus jobs. That is the estimate put together. There are a lot of jobs on the line. This is all on john banners shoulders. The president and congressional leaders came up with this idea of the sequestered. He is willing to let the sequester go forward. Connell thisll probably be brads point, if the president did not want that to happen, why would the white house have pushed that in the first place . They have put forward a responsible plan that would avoid the sequester. Connell originally, the sequester her idea was pushed forward by the white house. The whole idea behind the sequester was a proposed cut that would be so very painful that congress would actually have to Work Together. Americans and the president and the white house Want Congress to Work Together in order to figure out cuts and investments. Now republicans are saying that they do not seem to care. Connell what are our views on what we should be doing . Shouldnt we be cutting some defense, rod . Absolutely. The president said he would take a scalpel to every item in the budget. He did not do that. He picked up a rubber stamp. Every department within our government should be looking [talking over each other] connell if we do that then we have to put the other three off as well. We have to be cutting the others. The medicare, medicaid, social security. I do not know about that. I do agree that we should look across the board. We do spend more on defense than most major countries combined. If you look at our National Security [talking over each other] connell but then you have to cut some other things also. I do not know that that is the case. I think we need to look across the board. Connell that is what i mean. That is across the board. Social security does not add a dime to the budget. Look, the fact is that we have been doing nothing but cutting for the last couple years. We are cutting programs like, you know, low income heating oil for seniors. I just think we have to be more responsible about it. Connell across the board is across the board. Thank you. This nightmare is finally over. A story we have been following all week. Look at them running off the ship. The carnival triumph crew set up at the port last night. How are these passengers doing . Some of the passengers are already home. Others will be boarding flights throughout the day. They chartered jets and buses to bring these passengers to various destinations. Charter flights are going out of new orleans and houston and galveston, texas. As for the passengers, everyone seemed to be relieved to be on dry land. Many passengers seemed to take it all in stride. Listen. We have some stories on the internet about how bad, that there was stuff dripping down the walls. Yes, there were places that there was. I definitely saw some very disgusting things. Under the circumstances, it could have been a lot worse. Carnival officials and minimizing some the damages by offering to reimburse each passenger for the cost of this cruise and providing a credit towards a future crews and each passenger with 500 in cash in addition to reimbursing any additional travel expenses they incur on the ride home. Connell it has been a rough pr week for the company. What about the ship itself . The ship has been towed to the other side of mobile bay. Tugboats pulled it. There is a shipyard over there. It will undergo mechanical repairs. Meanwhile, cleanup crews have their work cut out for them. Also, the ntsb is investigating the cause of the engine room fire that caused the shift to lose power in the first place. This ship will be out of service through april. Connell thank you, jonathan. Following the troubles with boeings dreamliner. Airbus now deciding to drop lithium batteries from its plane. More on that meteor crashing down in russia. Just hours from an asteroid flyby this afternoon. What a day. A penny for your thoughts. It may be more than that. He is open to dropping the penny as a form of currency. We will have that coming up. Ninetyfive and change. A pretty big drop for crude oil today. At a dry cleaner, we replaced people with a machine. What . Customers didnt like it. So why do banks do it . Hello . Hello . if your bank doesnt let you talk to a real person 24 7, you need an ally. Hello . Ally bank. Your money needs an ally. Connell there is Charles Payne getting ready to tell us what is going on with herbalife. Lets go back to nicole, first. Stocks now. The 20 we see blackberry down 3. 3 . It has been a volatile stock. The new blackberry ten is out january 30. Cliff technologies beating the streets. It is certainly wowing wall street today. Dennis kneale talking to the ceo. Back to you. Connell looking forward to that a little later on. The boeing dreamliner fiasco has airbus dropping all their lithium batteries. Then we have hundreds of people injured in russia. A meteor entered earths atmosphere. It weighed nearly 10 pounds. Traveling almost 12 miles per second. A blast was heard. It shattered windows. It injured nearly 1000 people they are now saying. The number keeps going up. A 155 asteroid is expected to fly within 17,000 miles. That is 15 minutes from earth. Charles payne joins us now to make us a little bit of money on market now. I think you would be talking about, i guess, the saga that has become with herbalife. Charles this is an amazing story. We have talked about it. Gasparino has talked about it. Car icon is no joke. We know that. He is very successful at what he does. He really seems serious this time around. You have two real smart guys that have been around for a long time. Ackman, who last fall hinted that he would do a patriotic he sees it as a pyramid scheme. He is doing the public a favor. It is not about money. It is about doing the public a favor. If i looked at it as purely a stock, i would say it has merit to the upside. Consensus continues to add a little bit higher. They have great management. I am not in the stock. I would have been out. I missed it. It will go on. Keep in mind, their 52 week high connell more from Charles Payne later on market now. We will have a report on the penny coming up. Goodbye penny. The president would be open to dropping the penny. Steve forbes will be on a little bit later on. The president has the wrong game plan. Surprise, surprise. You may have heard about currency wars and all those things going on overseas. Here is how everyone is faring against the dollar. [ male announcer ] what . investors could lose tens of thousands of dollars in hidden fees on their 401 k s . go to etrade and roll over your old 401 k s to a new etrade retirement account. None of them charge annual fees and all of them offer low cost investments. Etrade. Less for us. More for you. You are gonna need a wingman. And with my cash back, you are money. Forget him. My Airline Miles will take your game worldwide. What im really looking for is i got two words for you rewards. Theres got to be better cards than this. [ male announcer ] theres a better way with creditcards. Com. Compare hundreds of cards from all the major banks to find the one thats right for you. Its simple. Search, compare, and apply at creditcards. Com. First rounds on me. I have your fox news minute. North korea has reportedly told china that it is ready to stage more Nuclear Tests this year. That is according to reuters. North korea has conducted its Third Nuclear test on tuesday. Iran turned to china in an effort to find parts to speed up its effort. A new u. S. Report shows iran try to smuggle thousands of specialized maintenance through china. It banned from doing so under United Nations sanctions. The track star accused of fatally shooting his girlfriend has been accused of murder. He shot his model girlfriend four times through a bathroom door at his home. He will remain in custody until a bail hearing on tuesday. Those are your News Headlines on the fox Business Network. Back to connell. Connell manufacturing and a manufacturing renaissance. Plant closings are still far more frequent than plant openings. Jeff flock is in illinois today. Jeff the old harbor of Coleman Factory here and rockford, this was 65 acres. I just want to put some perspective on this for you. This is one that has been closed now for several years. I tell you, it is not coming back. If you look, they look more closely at the number of plant openings and plant closings. You see that at no time, in the past, well, no time in the past 30 years has the number of plants opening outstripped the number of plant closing. We are looking at buildings that look like this all around the country that are just not coming back. One piece of positive news is if you look at the number of jobs, big declines. 39 lost of manufacturing jobs over the past 30 years. In the last two years, we have seen a very small uptick thanks to some re shoring of jobs and Foreign Companies opening manufacturing communities here in the u. S. Connell a trend that we have seen start to emerge. Jeff flock, thank you very much. Steve forbes is standing by. He will talk with us about job creation and the economy. We also have an unusual lawsuit that is moving ahead. It is tiffany against costco. We will show you two drugstores that many people that would benefit from the president S Health Care law. Big gains from walgreens. We will be right back with much more as we continue. We will have Cheryl Casone live from the boat show in miami. All stations come over to mission a for a finago. This is for real this time. Step seven point two one two. Rify and lock. Command is locked. Five seconds. Three, two, one. Standing by for capture. The most Innovative Software on the planet. Dragon is captured. Is connecting todays leading companies to places beyond it. Siemens. Answers. Bob will retire when hes 153, which woulbeine if bob were a vampire. But hes not. Hes an architect with two kids and a mortge. Luckily, he found someone who gave him a fresh perspective on hisortfolio. And with some planning and effort, hopefully bob can retire at a more appropriate age. Its not rocket science. Its just common sense. From td ameritrade. Connell some interesting news coming in on the time deal. Lets go to nicole. Bottom of the hour for stocks now. Nicole buffet and Berkshire Hathaway were hot on heinz. Here it is today. 72. 29. Down one quarter of 1 . Securities and Exchange Commissions is looking into traits that occurred a day before the deal was known. They will be looking at all the traits that occurred before hand. You have jpmorgan and wells fargo. This is over 14 billion debt financing. You will keep an eye both on jpmorgan and wells fargo, as well. I think my favorite part, not my favorite part, but sometimes the analyst call it and ubs downgraded heinz before this all happened. Connell thank you. How is this for an analogy, he is like a doctor harming the patient when he tries to deal with the job market and the economy. That is how steve forbes has been describing the president lately. It is great to have him in the studio. Make that case to us. I am sure the Obama Administration is saying we are getting there. It is slowly improving at a pitiful pace. The slowest in american history. You do not get the kind of spread you normally get. If you look at states, you see something very interesting starting to come about. There have been high losses of population. No tax states, like florida and texas, have tens of billions of dollars of income coming in. What that leads you to conclude is that the federal level, we started doing what texas and other states have done, you start to see real competition. Connell you have been a advocate for years for a flat tax. Cheryl did a story yesterday about the big wall street firms going to florida because they like the tax structure there. We have done a number of stories out of illinois. Are those always the best comparisons . What is happening at the state level, some people said you cannot always do it at the federal level. Most states have balanced budget provisions. The states that are smart about it keep expenses in line. You realize you get revenue by having a benign tax environment. Most of the revenue comes from growth. If you want to see a vivid contrast, look at europe. Their country has been dramatically raising taxes. They are going into ever deeper recession. Japan is in recession. Look at our own history. Early 1980s. America had a great film. Connell what about our economy now . We have added jobs. A couple hundred thousand a month. This and that. Will that be something that picks up for the rest of the year . They will have these debates in washington. Some would argue because we start to cut spending more, that will only hurt growth. Cutting spending actually helps the economy. The resources come through taxation, borrowing or printing of money. You are moving resources from productive people putting it in the hands of politicians and we know what happens about that. That year will be hurt by what we did in january. Everyone got hit. Connell everyone did feel that. Steve, thank you, as always. It may be time to say goodbye to honest abe. The penny, costing more to mint there what it is actually worth. The president was asked about doing away with the penny. Listen to this. Anytime we are spending more money on something that people do not actually use, that is an example of something that we should probably change. Connell all right. No more pennies. It just shows connell the slippery slope argument. The lowest bill suddenly will be the 100 bill. [ laughter ] connell thank you, steve. It was kind of strange to see these two Companies Mentioned together in a lawsuit. Tiffany Engagement Ring from cosco . Does that sound too good to be true . Lauren simonetti has been looking into this for us. The big box versus the fake box. This all started last year when a woman in california alerted the tiffany diamond sign was seen in cosco. Forfeit profits from the sale is what they want. Tiffanys counsel says we know that there are at least hundreds, if not thousands, of costco members who think they bought a tiffany Engagement Ring at cosco. A tiffany diamond is inscribed. You just need to use common sense. It is so simple. It is one thing if a deal is too good to be true, it probably is. A 1 carat tiffany Engagement Ring and that number begins at that gas, connell take a guess. Connell 8000. 11,000. 1 carat. If you are dropping 11,000 on a stone, i dont care if it is tiffany. Connell great insights. Speaking of spending a lot of money, we are going to be talking about yachts. Cheryl casone is at the boat show in miami. Hey, cheryl. To grow, we have to boost our social media visibility. More likes. More tweets. So, beginning today, my son brock and his whole team will be our new senior social media strategists. Any questions . Since we make radiator valves wouldnt it be better if we just let fedex help us to expand to new markets . Hmm gotta admit thats better than a few likes. I dont have the door code. Whos that . He won a contest online to be ceo for the day. How am i supposed to run a business here without an office . [ male announcer ] fast, reliable deliveries worldwide. Fedex. Connell here is your fox business brief. Production slipped in the month of january. Down 1. 4 . December of 24 . November production up 1. 4 . Those are the numbers. Consumer optimism is at its highest level in three months. In january, the final reading personal finances and business conditions. It looks like the nasdaq is moving up the start time for freemarket stock trading. They are getting set to take off trading at 4 00 a. M. Eastern instead of 7 00 a. M. It does require approval. Of virtually all your imptant legal matters in just minutes. Protect youramily. And launch youdreams. At legalzoom. Com we put the law on your side. And launch youdreams. But that doesnt mean i dont want to make money. Stor. I love making money. I try to be smart with my investments. I also try to keep my costs down. Whats your plan . Ishares. Low cost and tax efficient. Find out why nine out of ten large professional investors choose ishares for t their etf. Ishares by blackrock. Call 1800ishares for a prospectus which includes investment objectives, risks, charges and expenses. Read and consider it carefully before investing. Risk includes possible loss of principal. Did you know not all fiber is the same . Citrucel is different its the only fiber for regularity that wont cause excess gas. Its gentle and clinically proven to help restore and maintain regularity. Look for citrucel today. Connell pretty big numbers there, in terms of the voting economy. Day two at Miami International boat show. Cheryl casone has been out there. Cheryl hey, connell. Good morning to you. Yes, we are on the ground once again in miami. You have the beautiful city of miami behind you. This is where the biggest, most expensive yachts will be sold today. We will be on one of those yachts later today. Overall, sales are up about 10 last year. Some of the biggest sponsors, at t, progressive insurance, dear, several chevrolet. The economic value of the industry is important to the economy. The companies themselves saw big losses. A lot of these more high income earners that we will be sticking with throughout the day, they are paying more taxes. There tax brackets all went up. These people are telling us they are cautious this year of what they will be spending on the boats they buy. You can see behind me right now, you can see all of these arenas. You can see crowds of people walking through each slip of where these yachts are right now. They are looking at prices, horsepower, how much gasoline or diesel these boats use. We are just kind of taking a leisurely cruise around the bay. We will head back in. Coming up in the next hour, david marlowe, the chairman of marlowe yachts, the most expensive, the biggest boat, multimillion dollar, he will be coming up at the noon show on markets now. I know you understand. Connell that is me in the market for one of those. Lets go back to nicole now as we do every 15 minutes for stocks now. Looking at some retailers. Nicole we will start off with walmart. Walmart has a couple of things happening. They continue to battle off the headlines. They are quickly taking precautionary measures to pull off the beef bolognese. They are trying to get rid of everything made by this company. You also have research saying back customers have not really had walmart in the last three to four weeks and consumer about consumer spending. How will walmart handle all of this . Will they move more aggressively . Certainly some cautionary terms there. Jcpenney, Morgan Stanley cut their estimates on jcpenney. North face, wrangler, lee, they cannot with numbers that are good numbers. And gap, the parent of gap and old navy, Banana Republic doing better today. Back to you. Connell no call, you very much. Nicole petallides. The idea of ceos on capitol hill. Running the government more efficient. Kind of like a business. One of the new lawmakers on capitol hill has just that experience. First, some of the winners over on the nasdaq. Connell continuing markets now with congressman massey. We talk about this intersection of business and politics. Why would someone like you leave the Business World and enter this crazy political world . That is a good question. Before we talk about the Business World translating to the political world, let me just say, and lots of business is common sense. That is what washington d. C. Needs more of. As republicans, we have a problem with messaging. Most people do not get up in the morning and worry about the job creators. As a previous job creator, i think i have some experience. Connell something that is kind of a traditional business, whether it be a real retail store. You have patents, things you have invented. You are a different type of business person, as we look at the fact of 29 Business Owners in the congress. That is fine. You are unique. What skill set and will that be frustrating for you and what you are used to doing . Let me tell you a little bit about my business. My wife and i started it at our. Student housing at our dorm at you it. I understand exactly what we were talking about. The first year my company and i made a profit, the government came in and took half of my retained earnings. I did not even have it sitting around to pay them. I had to do some extraordinary measures. Connell maybe emigration. You are from kentucky. You do have some homegrown engineers. We need to be able to get some of these people that come from overseas and are educated at mit and stay. I am a big supporter. My company was not always just my wife and i. We grew it. We raised venture capital. We still have trouble finding the right skill set. We need to be able to bring those workers into this country that have those skills and do grace. Connell i wanted to have you on today as an introduction. It is great to have you on. Thank you. Meantime, the american u. S. Airways merger that we talked about this week, good for investors. Frequent fliers. We will be talking about it. Dennis meal is coming up with sandra smith. Tips on how to protect your miles. Dont go away. How do traders using Technical Analysis streamline their process . At fidelity, we do it by merging two tools into one. Combining your customized charts with leadingedge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. We like this idea so much that weve applied for a patent. M colin beck of fidelity investments. Our integrated Technical Analysis is one more innovative reason serious investors are choosing fidelity. Now get 200 free trades when you open an account. Dennis i am dennis kneale. Sandra i am sandra smith. The dow closing the week higher. The full ahead, you are waiting for a pullback to get in, forget it. There wont be one. Dennis the american u. S. Airways merger good for investors but warnings that ticket prices will be going up and we got a point guy ahead with tips on how to protect your frequentflier miles. Sandra what carnival needs to know, the pr nightmare. Dennis a different scene in florida. Hawks yachts. Cheryl Casone the at the miami boat show. Cheryl we are on a boat right now. What would you pay for a multimillion dollar yacht . What is it worth to you to have one of the top yachts in the world . David marlow will take us on an exclusive for of this amazing boat. Not going to tell you the price but think about it. It is the top of the hour, noon eastern. Lets go to the floor of the Stock Exchange and Nicole Petallides. Nicole looking great. Lets tell you what is going on on wall street, dow 14,000, we did actually break through that mark and traded as high as 14,000, still looking like a losing week, nasdaq is up slightly and the s p 500 pulling back. As far as what we are seeing, the dollar remains strong, concerned about europe we have been watching, recent manufacturing numbers look good as far as manufacturing and we will take a look at some names we are focusing on including burger king which came out with some numbers with an up arrow, with quarter, up 94 , lower expenses and they compete very heavily with names like wendys and mcdonalds both of which are higher but you see burger king up 2. 2 . They have been working hard with marketing, menu changes, trying so hard to reclaim their number 2 position behind mcdonalds. This is what were looking for, some names on move and retailers making news as well. Cheryl as we watch stocks barely holding on, investors have been pulling almost 3. 7 billion out of stocks this week in favor of bonds. A little bit nervous which saw in flows to the bond market of 2. 6 billion over the past week. Our next guest says dont worry, stocks can only go higher, Wells Fargo Advisor sr. Equity strategist joins us now. Am i setting this up right . Are you saying dont worry, markets fluctuate a little bit here, this rally will continue . I dont know if you are setting up right exactly. These stocks have been off to a great start. The equity has more upside. Because everybody is looking for a pullback and we are getting a little chasing, in the nearterm we will see the market continue to grind higher but i feel confident that at some point as we move through the year we will have opportunities to buy stocks at lower levels and volatility will pick up. I would love to see the market pullback based on some uncertainty over what is going on with sequestration but right now lot of people, we have a lot of underinvested retail investors, they want to pullback and usually when that is the attitude it doesnt happen for a while. Cheryl where should we be looking . Where is the opportunity going to come from . What sectors do you like . Our game plan in 2012 is the same in 2013. We want to be in those sectors of the market like consumer discretionary, like materials, Like Technology that we think will benefit from a continuation of a recovery in the states and globally. On any of these pullbacks we have two nice full backs in 2012. We are pounding the table saying these are the sectors you want to be in, the one that are economically sensitive we dont want you to be defensive. Sector performance has been more mixed than i expected but as we move through the year is going to be a cyclical story. Cheryl what stock about head winds. We have been looking at rising gasoline prices. This could be a big problem at the consumer level. If we continue to see Oil Prices Rise of around 97 a barrel and that means higher gas prices could this be a potential head wind for the market . Higher gas prices are like a tax, money out of peoples pocket. The middle east we know there are things going on, kind of followed by what is on the back burner but a lot of things going on in the middle east could flare up at any time. We drive oil prices higher, that will cut into consumer spending. We had a good confidence number come out despite gas prices creeping up. You get up over 4 a gallon, you have some cutback in consumer spending. It will be a head wind. Sandra it is in the short term the stock market is not a bad place to be. I think so. We dont cater to traders. We want our guys in their for 12, 18, 24 months period. The stock market will do well the rest of the year, 2014 as well. We want to get them invested. Sandra thanks for joining us, senior equity analyst. Dennis the long, miserable ordeal ending late last night for 4,000 passengers and crew stranded at sea aboard Carnival Cruise lines unfortunately named triumph. Passengers celebrating their arrival in mobile, alabama. I feel good to be off of the ship and being on land, not knowing how do you feel after this . I am tired but also relieved to be on land, drive back to houston and go home and take a shower and lay in my own bed. Dennis a pr nightmare is just beginning for carnival. Joining us is Public Relations consultant and ceo of frazier consultants, rethinking refutation, thank you for being with us. Lets start with the name of the ship. It is called triumph and the first thing you ought to do is paint over it and rename it. Absolutely right. Something like never again or not on my watch or something. That is the worst thing. The worst thing, someone should tell mickey arens who owns the miami heat also owns Carnival Cruise lines that he has got to stop watching lebron james when his ships are sinking. He was at the miami heat came pictured there while the ship was going through this distress, terrible Public Relations. Dennis adding insult to injury. This an italian ship weiner problem, carnival wasnt mentioned as much because it was owned by a subsidiary differently named custom company. Carnival is more in line of fire this time. Absolutely. What happened was carnival purposely kept out of it and subordinated all of the publicity to keep its name out. This time it is the carnival name on the ship, this one hurts. Dennis carnival coming out, i am wondering in the era of twitter and 24 7 coverage, you pr guys say get on camera, what about the idea of running silent, running d. Staying out because this is so ugly . Nothing wrong with racking up the bill, it is america. What they have to do now, what they did last night, in all fairness was pretty good. They have lots of people to handle incoming people, they had resources, buses, hotels, showed remorse, the c e o was there, went on the boat and the people coming off were grateful to the crews of the first thing to give bonuses to those thousand crewmembers who did such a great job. They ought to shower the people, shave the people and ship the people out and get off the screen and fix the problem. Dennis at 500, they hold on to your ticket and offer 500 cash as well as two more tickets to gamble with the dice to see that happen again. 500, days of hell, i think that counts toward 100 a day. Did the company did too small . Is it an opening price . Was a good idea, a precedentsetting standard in that they said we will refund your ticket and fly you out and give you an additional 500, they will get sued anyway. When you add it up is a couple thousand bucks per passenger. I think that was a good move. What they have to do now is fix that problem and get off the screen and then come back when they are ready. Dennis i dont know if we will never forget. Thanks for being with us. Sandra president obama may be optimistic about the Manufacturing Sector but the facts show plant closings are more ffequent than openings. Dennis millions of people losing jobs because it. Jeff flock live in illinois with the evidence. Jeff we wanted to bring some perspective to this. The president made a big deal about the renaissance in manufacturing, some solid evidence of that but more evidence to this. Look where i am today. In illinois, former big manufacturing town, this is the wreckage of the barber plant, has fallen apart as you can see. This is a 65 acre complex. Fox Business Network been around and 60s and 70s we would have loved to have been here to see what they were making. All the machinery that makes manufacturing go but look at the numbers in terms of manufacturing jobs. Over the last since the 70s when manufacturing jobs were at their peak with the total peak was almost twenty Million Manufacturing jobs. Last month we were at eleven. Nine five million. You see on that chart a little bit of a pickup at the end. That is what the president is talking about. You can see the old we are in. More importantly, maybe not more importantly but interestingly, numbers of plants opening and closing. Look at the numbers on that. Steady decline in the number of manufacturing plants in this country. If you look at the number of plants opening compared to the number of plants closing, at only one time since the 90s was there a month in which there were more openings of manufacturing plants and closing of manufacturing plants. Obviously manufacturing is not the same that it was and never will be in this country but a huge number of jobs have gone away, 40 of the jobs since the 70s and we are left with a lot of pictures like this one all across this country. Hulking buildings that will never hold manufacturing jobs again. Sandra we have all seen a few images that look like that over the past couple years. Dennis lets talk protecting your frequent flyer miles. American debut as a raise since that merger, what should you do now . We have the point guy to tell you. Sandra the latest on the meteor that hit russia hint injuring hundreds and damaging offices and buildings. Dennis killing lincoln. Why president obama says it makes no sense. The capital one cash rewards card gives you 1 cash back on all purchases, plus a 50 annual bonus. And everyone likes 50 more. [ midwestern chicago accent ] cheddar yeah 50 percent more [yodeling] yodelayeeoo. 50 more flash. [ southern accent ] 50 percent more taters. Thats where tots come from. [ male announcer ] the capital one cash rewards card gives you 1 cash back onvery purchase plus a 50 annual bonus on the cash you earn. Its the card for people who like more cash. 50 more spy stuff. Whats in your wallet . This car is too small. Whats in your wallet . Hes going to apply testosterone to his underarm. Axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. Axiron is not for use in women or anyone younger than 18. Axiron can transfer to others through direct contact. Women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. Report these signs and symptoms to your doctor if they occur. Tell your doctor about all medical conditions and medications. Do not use if you have prostate or breast cancer. Serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots the legs. Common side effects include skin redness or irritation where applied, increased red blood cell count, headache, diarrhea, vomiting, and increase in psa. See your doctor, and for a 30day free trial, go to axiron. Com. Dennis stocks every 15 minutes, team coverage. Sandra phil flynn in the trading pits of cme as skulls take the drive, Charles Payne on set showing us how to make money on the gap. Nicole petallides on the floor of the new york Stock Exchange where Monster Energy is the big mover of the day. Nicole look at monster, up 6. 7 , a name that over the last six months has been under pressure, stock has been down 20 over the last six months, headlines that surrounded energy drinks, now theyre moving forward to meet fda requirements and guidelines and changing the labeling on their cans to indicate caffeine content and they will no longer be listed as a dietary supplement. Keep an eye on the monster beverage up 7 , major market average, the dow, nasdaq and s p looking like a down week, looking like it might have seven straight weeks of gains. Havent seen that in two years but we are pulling back a little bit, phil flynn on a day when the dollar is stronger than yesterdays strong dollar. You bet it is. The man with the midas touch, george soros, the man who can turn anything to gold, he sold off 55 , other Fund Managers are following, gold prices hit the lowest level since august, silver prices down 0. 46, kind of interesting, george soros with the precious metal has often been a leading indicator, not always the way you think. When he sold his Silver Shares before it top 50 the market did go down but he bought back in, the same situation with gold. Last time he sold gold he got right back in. This might be a longterm buying opportunity but today the funds said jumping in a big way, they like stocks better than metals and that is the way it looks. Back to you. Sandra thank you, phil flynn. It is time to make money with Charles Payne. Fashion stock pick, Apparel Stores the gap. Charles i saw this a couple hours ago. Wish i could have done the peas and then because gap store stock is exploding. What is happening is scuttlebutt that they may have been firedhired investment bankers, a Group Interested in taking them over. Is not unreasonable. Volume was huge and twice the daily volume today. Some people believe the story. Forget the story. January sales were impressive. The gap unit at the present, samestore sales the year ago were down 5 . Banana republic up 6 , old navy of 12 . Yearago samestore sales down. And Banana Republic did well, less cannibalization used to go on. And backup to the high. Theres a chance to get back 37 and from there, we sandra double Trading Volume, average Trading Volume charles they quadruple may be four hours left in trading. Dennis buyout would be taking it private type of thing which is the best by the wouldbe buyer that the stock is undervalued. Charles this is a stock that was sideways and down for a long time. The gap was literally dead in the water for a long time. Click trivia question. The symbol is gee ap . Gee ap belongs to great atlantic and pacific a. K. A. A p, the supermarket store. Dennis they still have that . Charles i dont know that. [talking over each other] dennis they are tallying up the damage and counting injuries in russia after a rare meteor strikes. Uptotheminute coverage ahead. Sandra in the market for a boat . How about one with a 6 million price tag . Cheryl is at the miami boat show. Cheryl stealing my thunder. We are on board the largest yachts that will be sold at Miami International boat show. The wealthiest spending their money, which yachts are they buying . Get ready for champagne and caviar because we are at the Miami International boat show. The chairman of marlowe yachts will join me to talk about what his customers are looking for and how much they are willing to spend. You are watching fox business live from miami. [ male announcer] surprise youre having triplets. [ babies crying ] surprise your house was built on an ancient burial gund. [ ghosts moaning ] surprise your car needs a new transmission. [ coyote howls ] how about no more surprises . Now you can get all the online Trading Tools you need without any surprise fees. Its not rocket science. Its jt common sense. From td ameritrade. 23 minutes past the hour, the Russian News Agency is saying 1,000 people were injured by falling meteor that streaked through the skies over the ural mountains, shattered windows, hundreds of buildings. And no one hundred ft asteroid headed toward a close pass with eric today has nothing to do with the meteor in russia. The u. S. Is calling on north korea to refrain from additional provocative action after reports of plans for more Nuclear Tests, north korea told its ally china it was prepared to stage one or two more Nuclear Tests and possibly another rocket launch. Reuters says the information comes from a source with direct access to levels of government in both countries. Olympian oscar historian wept when prosecutors charged him with premeditated murder and a valentines day shooting death of his girlfriend. Bail hearing will be held tuesday. That is your fox news minute. Back to sandra and dennis. Dennis sweeps 20 with a 6 million price tag. Sandra one of many on display at the miami boat show where 100,000 people from all over the world are expected to gather. Cheryl casone live on a yacht, 6 million yacht. Cheryl the boating industry is crucial to the u. S. Economy, 30 billion in put into the u. S. Economy. That is a big number and a big reason why fox business came down to miami to get a closer look at the boating industry as a whole and what it means to the economy especially the city of miami, 817 million in change, Economic Activity with 9,000 jobs created and fulltime jobs at the miami boat show. Here at the most expensive and most beautiful yacht i have to say here, and david marlow is the chairman of marlowe international. There is big lead time when you have a yacht like this one. Is 19 months. And the details of the decor or items that make up the boat. It is already spoken for. How many orders do you think you will get in this 4 million range. There are two more behind this, waiting to be built. We hope the show will be successful . It is an anomaly in the industry that we have such a nice order for people rather than committees. Cheryl i want to walk over here because you have been telling me about this bose. One of the things that is so interesting is the amount of furniture. All of this even though it is staged for the buyers is crucial to get a high end buyer to really want to put down a few Million Dollars for a boat like this. It is. It is quite detailed. Eventually those that are very into it so to speak will pick out the brand, the color of the canvas on the chairs, most of the things we build you are looking at ourselves rather than buying them the front cabin driven if you will. One of the things were looking at here, the technology being put a Top Technology in the world. You can get along without it but nobody wants to, it is not available so much Computing Power as was used to go the first time to the mission. That is yesterdays luxury is Todays Convenience or vice versa, yesterdays luxury is todays necessity. Cheryl one of the other things we have seen, lot of your customers are european. Is specially in italy there has been a big move to put extra taxes on the ownership. The man building and selling this gorgeous boat . We should pay a little bit of our taxes, but no group should be targeted. Our customers are in the Upper Echelon and they feel the same thing. Cheryl you have that relationship customers dont want you to. The chairman of marlowe yacht, thanks very much. This is the most expensive, the biggest boat here at the Miami International boat show. Coming up we will be speaking with the the man who put down the cash to buy this but coming up 20 minutes from now. Dennis thanks very much. Get that guy a job in radio. He has a great voice. Cheryl sandra the american u. S. Airways merger good news, frequentflier is, the point guy, ahead with tips on how to protect your miles. Dennis why president obama says the penny makes no sense. man legs up man legs up . Legs up, legs up, legs up red hot deal days are back. Let nothing stop you. Good job its red hot deal days. Get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. Or the droid razr m by motorola in pink for 49. 99. Everything droid does in an edgetoedge display. Hurry in, because the sale ends february 20th. Powerful devices. Powerful network. Verizon. Tdd 18003452550 hours can go by before i realize tdd 18003452550 that i havent even looked away from my screen. Tdd 18003452550 tdd 18003452550 that kind of focus. 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Tdd 1803452550 call 18006530240 tdd 18003452550 and a trading specialist tdd 18003452550 will help you get started today. I am Nicole Petallides live on the floor of the new york Stock Exchange. Every 15 minutes we have stocks now. I have two winners to show you. Orbitz worldwide. Up about 6 right now. Coming out and beating the revenue expectations. Orbitz worldwide has been a stellar performer over the last three months. Up 3. 3 . When you think of Vf Corporation that you can think of wrangler, lee, north face. They came up with estimates that the estimates per share. You are seeing a serious game for this particular retailer. Back to you. Dennis thank you very much, nicole. You have collected all those frequent flyer miles. Now news oo a merger. How will that affect those bottles for u. S. Airways and United Airlines . Sandra the availability of those seats has already been scaled back. We have brian kelly joining us now. Are we going to lose out, i mean, a lot of us are frequent fires on American Airlines or u. S. Airways. Do not panic. There will be big changes. Everything is fine. We have seen in past mergers sandra united. There will be some road bumps. Airlines have terrible it. Sandra it could be messy. You should review all your miles. There is still great mile to be had. American is with one world. They have 12 different global partners. U. S. Airways is a Current Star Alliance member. I just used 110,000 air miles to go to south africa. When they finally merged the two frequent flyer programs, my guess is they will keep those higher levels. Sandra if you are a frequent flyer, you may be saying, hey, at least i am already on board on what is the Largest Airline in the world. One of the things to look into is the elite status. American gold wires do not get upgrades, but u. S. Airways do. They do not want to make people angry. Sandra the upgrade on u. S. Airways sales in upgrades on american. Dennis all airlines have some kind of contract loophole. Is it mainly pr brand and customer backlash that keeps the customers in line . Airlines are making billions off of frequent flyer miles. Airlines really have to program. Dennis what do you mean making billions . D actually got bailed out of bankruptcy. American express. It is big business. Dennis they make their money selling miles to merchants that want to sell us stuff. Okay. Sandra ryan kelly. Thank you for answering all of our questions. It may be the time to say goodbye to honest abe. It is taking more to mint then to actually have. The president seems pretty open to it. Anytime we are spending more money on something that people do not actually use, that is an example of something we should probably change. Dennis lets hope this sets a precedent for many of our aspects in government spending. All right. Ive owned five owners beware. We have a warning ahead on why your personal information may be at risk. Hot yachts. Cheryl what would you pay for a multibilliondollar yachts . We will talk to the buyer of this particular yachts. We will be right back. You are watching market now live from miami and the boat show. We will be right back. Twins. I didnt see them coming. I have obligations. Cute obligations, but obligations. I need to rethink the core of my portfolio. What i really need is sleep. Introducing the ishares core, Building Blocks for the heart of your portfolio. Find out why 9 out of 10 large professional investors choose ishares for their etfs. Ishares by blackrock. Call 1800ishares for a prospectus which includes investment objectives, risks, charges and expenses. Read and consider it carefully before investing. Risk includes possible loss of principal. I am tracy byrnes with your fox business brief. Dreamworks announcing an alliance to develop the marks in russia. The largest in europe. They will be located in moscow, st. Petersburg and central russia. Consumer optimism is up to its highest level in three months. Consumer sentiment gauge rose to 76. 3. That is the highest level since november. It shows how consumers view things. Dropping the lithium batteries. It is switching to standard batteries. It could delay initial deliveries. That is the latest from the fox Business Network. Giving you the power to prosper. Today is gonna be an important day for us. You ready . We wanna be our brothers keeper. Whats number two we wanna do . Bring it up to 90 decatherms. How bout ya, joe . Lets go ahead and bring online. Attention on site, attention on site. Now starting unit nine. Some of the worlds cleanest gas turbines are now powering some of americas biggest cities. Siemens. Answers. Sandra welcome back. We are at the cio marina. Some of the worlds wealthiest are coming to buy, sell and look out boats. This is alejandro capriles. He is from venezuela. Tell me about this. We are sitting on the couch that you wanted custom done for the yachts. Yes. The couch is one of the things you can have on the boat where you pretty much lay down like most of the time. We wanted to have something comfy with something modern that looked nice. Cheryl the name of the bow, where did that come from . It is very difficult to announce. It pretty much is a mix between the names of my parents. Why spend 6 million on a yacht . This will be yours from now on. Why make this type of purchase . If you love this cd, we spend every single weekend out on the beach. If you love it, it is worth it. Cheryl the World Economy is under so much pressure over the last few years. Do you ever think, what am i doing . Definitely when you are making an investment that is big. Cheryl this is for you and your family. Yes. Cheryl your parents, your sister. Will you be sailing around the world on your boat . Just as much the caribbean. Between the u. S. And venezuela. Cheryl how long did the process take . How involved were you . The whole time we were talking. We are talking about the details from generators, everything that we needed. We talked to him pretty much every week. Cheryl i have a feeling this is not your first and only yacht. It is three or four. We had a couple of other boats. Right now we own this one. We are very happy with all the service they provide for us. Cheryl 6 million for one of several yachts that your family owns. Congratulations on the newest member of your yachts family. This is just one of many boats. This is why buyers are coming to miami. To see what kind of boats they can purchase. We will be talking with the ceo of another boat manufacturer. They ship to 26 countries. A lot of international buyers. For now, sandra and dennis, i am just going to sit here and spend a little more time with alejandra. Dennis thank you, cheryl. Looking pretty comfortable there. Every 15 minutes, we have stocks. Nicole walmart wanted the losers. I want to take a look at some of the movers here on wall street. They had to pull some products in their stores. They have actually pulled off multiple different products. Herbalife. A name that everyone is talking about. Bill ackerman claims that this is a ponzi scheme. That they are not merited. They continue to battle it out. Even as i speak. We look at cbs. Out with their quarterly numbers. That is why you are seeing it up 2. 8 . Back to you. Dennis they give very much, nicole. In todays media minute, the last action heroes, stallone and sports a nader now well into their 60s. Bruce willis trying to divide this trend. Starring in his bid die hard film. Twentyfive years after the first one. The Washington Post calling bruce armed and ludicrous. It may not matter. Only 40 of the films were overseas way back in the first one. 70 maybe for this one. It seems like, meanwhile, we thought the internet would devour the media business. Now spending billions buying back their own stock. Cbs a billion dollars in stocks. Comcast 2 billion or in buybacks at this year. The bad news, you wasted money if your shares tumbled later. Why not invest that cash in new things. Sandra one of Forbes Fastest Growing Companies reported revenues up 27 . Dennis first, here is a stock to watch. Works on industrial lasers. Rising 3 . Stocks selling off. A frequent guest on markets now says this stock fell off and is overdone. It has little competition. We will be right back. Dennis one of americas 25 fastestgrowing tech companies. Up 27 over a year ago. The stock soaring up 17 today on blockbuster earnings results. You have best buy, panasonic, campbells soup and shall helping to boost their bottom line. Way too much information and not enough good software. Lars bjork is here. 17 pop in your stock. Even though your cfo resigned for personal reasons. How come the markets are just shaking this off . They are looking at us as a strong team. Most of us will be around. Dennis yes. This cfo. You are forecasting a loss for the fourth quarter. Why is that . I think that investors look at this as a longtime investment. It is one where we invest. We pick up any revenue later in the year. They look at the full year. Dennis lets talk about what your customers are doing with it. We play in the big data field. You take somebody and build them a nice dashboard that is being used by bob garfield and his executive team. You take someone like the morse Healthcare System where the physicians are using our software to treat children. Dennis change some of the insights because of your software. Yes. How can we prevent and plug the hole of fraud by using a piece of software . Dennis right. It surprises me that you have been able to build this business, be an independent company, when i feel like ibm, i feel like they should want to buy your company and attach it on to their product offerings. I think it is a question for them. We could certainly play in that field. We have been building a strong independent company. Time will tell. Dennis lars bjork, you may have just put your company up for sale. I want a finders fee. Nice job. Have a good weekend. Sandra protecting your iphone used to be as easy as putting a passcode on it. Iphones are now vulnerable to attacks. Hackers would have full access to the phones contact list and all the photographs you have been taking. Shares of apple right now are slightly lower. Dennis they cannot catch a break lately. A down day for the markets. Perhaps a good time to buy. Sandra forget the mattresses. Public relations may be the real math carnival needs to clean up. What the cruise line needs to do right now. Shouting ] [ male announcer ] time and sales data. Splitsecond stats. [ indistinct shouting ] its so close to the options floor. [ indistinct shouting, bell dinging ]. Youll bust your brainox. All onhinkorswim from td ameritrade. 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